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How much should you be willing to pay for an account today that will have a value of $1,000 in 17 years under continuous compounding
How much should you be willing to pay for an account today that will have a value of $1,000 in 17 years under continuous compounding if the nominal rate is 6.80%?
a. $326.81 b. $314.74 c. $463.82 d. $349.03 e. $934.26
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